nemo paradise

About nemo paradise

Nemo has been perversely fascinated by finance since emergence from college as an English major with little or no math. His opinions, analysis and observations are generally subjective, and employ vast amounts of quantitative analysis the same way that an elephant turns savannahs into useful energy, with impressive piles of dung as a by-product. Nemo has been professionally employed in the trading and analysis of and commentary on financial markets since 1972. Nemo makes no short-term predictions, except when seized by caprice. The future is inherently unknowable, but is subject to analysis. Very, very infrequently, this analysis uncovers situations where outcomes are not random over the longer term. And, as you can tell, Nemo is a smug son of a bitch who has learned from his mistakes to guard his projections very, very carefully, but has no hesitation in attacking like a starving wolverine the misconceptions, idiotic assumptions and howling fallacies that financial pundits offer with stunning frequency.

Trump is Gatsby
nemo paradise

He infuriates the political class — the nerve, to crash their party in his pink suit and his flashy car, flouting all the conventions of civilized discourse, acting as though his money gives him the right to mingle with and … Continue reading

Maybe the embattled farmers should have used slingshots
nemo paradise

Producers of the megahit Broadway musical “Hamilton” have just announced that, in protest of the Orlando terrorist massacre, the show tonight will eliminate the use of muskets as props. No muskets, no American Revolution.

Everybody knows….
nemo paradise

One of the most puzzling aspects of this election cycle has been the failure of so-called pundits and many ordinary voters alike to recognize that something brand-new is happening in front of them. Despite obvious and impressive failure, people seem … Continue reading

Okay. What’s the downside?
nemo paradise

From the Daily Caller: Cher Attacks Trump At Clinton Fundraiser: ‘I Just Want To Blow My Brains Out’ KATIE JERKOVICH 10:29 AM 06/07/2016 Cher said that Donald Trump makes her want to commit suicide. … Continue reading

Actions, Meet Consequences
nemo paradise

The University of Missouri, action central for conscientious social justice warriors of all stripes and sorts, is having a wee problem, according to the Daily Caller: “I am writing to you today to confirm that we project a [$32 million] … Continue reading

The Belly of the Beast
nemo paradise

This may be my last dispatch. I am called this Saturday to attend a birthday dinner for someone dear to me. The party will be held at the celebrant’s house in Burlington, Vermont. Burlington is ground zero for the Bernie … Continue reading

Coming to a head?
nemo paradise

Earnest citizens of a striving social democracy will put up with an amazing level of nonsense and sacrifice to support their struggle for a workers’ paradise. No toilet paper? Okay, we’ll use newspaper; that’s what it’s mostly good for anyway. … Continue reading

It’s Just the Kids
nemo paradise

A pair of performers at the recent Coachella outing have a message for Donald Trump: You built walls? We gong prolly dig holes And if your ass do win, you gong prolly get smoked. This charming sentiment comes to us … Continue reading

Cower In Your Room. Fear Stalks The Land.
nemo paradise

“There has been a person reported walking around campus in a KKK outfit holding a whip,” said Ethan Gill. “Please PLEASE PLEASE be careful out there tonight, always be with someone and if you have no dire reason to be … Continue reading

Easy-Peasy
nemo paradise

Today’s best internet comment: Buy into one of their index funds near the bottom of the market and it’s basically a “set it and forget it” retirement situation. Damn. Why didn’t I think of this? … Continue reading

Prisoner of West End Avenue
nemo paradise

I live in New York City, which can be a pretty scary place. Happily, however, my home is on West End Avenue, which is about as close to Mayberry as you can get in these climes. It’s a stretch of … Continue reading

Ministry Of Truth
nemo paradise

Today the White Housed released a video of French Prime Minister Hollande speaking against Islamic terrorism. Except it didn’t. Deleted by the White House from the middle of Hollande’s speech was the text in bold below: “But we’re also well … Continue reading

Oopsie
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A “Black Lives Matter” protestette at a recent Trump rally stirs up some shit, but it doesn’t turn out too well for her: Gawker tries to spin it their way, but even Gawker readers aren’t buying it, as a stroll … Continue reading

The Butthurt at Gawker Is Palpable And Wonderful To Behold….
nemo paradise

As Bill has noted, Gawker is now in mortal danger of extinguishment, having just lost a court case that threatens to cost it at least $115 million, and possible much more. Strangely, Gawker has posted no story about this development … Continue reading

Isn’t this…um…slavery?
nemo paradise

From Gawker: According to exit polls, Clinton won nearly 9 out of 10 black voters. Does she get to take them home? Seriously, this is some kind of funny. Even for Gawker. … Continue reading

Turning Out
nemo paradise

Who wins how much in today’s primaries? Important stuff, to be sure, but also fascinating are the turnout numbers — not just today, but in every GOP primary so far. Participation is startlingly high, and these jumps are persistent as … Continue reading

Tears, Bitter Tears
nemo paradise

From a comment stream over at Gawker: The Noble Renard 2/26/16 1:09pm Seriously. I just…. every time I’ve made a prediction about Trump faltering I’ve been wrong. Every time. I can’t take it anymore. I am actively becoming a worse … Continue reading

You Ain’t Seen Nothin’ Yet
nemo paradise

“Is this something yet,” asks our publisher. Oh, yes. It’s really something, and he’s right (for once) that there actually is a very important technical event out there. Will we break through 15,500 on the Dow in a convincing selloff? … Continue reading

“He hath outsoared the shadow of our night….”
nemo paradise

David Bowie, a genius, is dead. Among other remarkable achievements, he predicted Obama. … Continue reading

Right On Time
nemo paradise

Some students at Oberlin College and Conservatory are mad as hell, and they’re not going to take it any more. They are mad about a lot of things, but mostly they seem to be mad about the way the Jazz … Continue reading

Paging Loretta: Hate Speech Alert!
nemo paradise

From my favorite high school lunchroom blog, Gawker: Student activists at Lebanon Valley College are asking the school to change the name of Lynch Hall because of its racial connotations, even though it is named for a former school president … Continue reading

And — oh, yeah . There’s just one more little thing….
nemo paradise

The kids at Brown catch on fast: Students at Brown University occupied the president’s office Thursday afternoon to protest a proposed $100 million diversity action plan, arguing it doesn’t go far enough. The students then declared that, rather than wait … Continue reading

The Insult Continues
nemo paradise

Tonight in the very center of New York City the municipal government will conduct a barbarous event that celebrates pagan tradition, projects religious intolerance, increases global warming and triggers feelings of unsafety for billions of the earth’s citizens. It involves … Continue reading

BlackRock, Blackstone To Change Names
nemo paradise

Two of the largest investment management groups in the United States have jointly announced their decision to change their names in response to “a changing social climate.” A spokesman for the Blackstone Group, a multinational investment adviser, investment bank and … Continue reading

Nemo Rings Back
nemo paradise

This should ring a few of nemo’s bells…. Some years ago, I gave my oldest daughter, then seven years old, a laptop. She loved it, and quickly mastered rudimentary programs like WordPerfect and Paintbox. But the internet was still young; … Continue reading

I’m not sure how this turns out…
nemo paradise

I just watched the Trump SNL episode, and I think that Trump just proved that he has the biggest set of balls ever in the history of electoral politics. Whether this helps him or hurts him, I’m not sure, but … Continue reading

Eye Bleach Time
nemo paradise

As is our daily habit, because it never fails to disappoint, we were wandering through the comments on Gawker this morning, when we came upon this gem, referring to the recent Dem debate: Hillary waxed everyone’s ass!!! … Continue reading

Good Riddance At Last Thanks Be To Dead Man
nemo paradise

That bloviating shadow of a conscience the press calls “Joe Biden” has just gone on TV from the White House Rose Garden to blame his dead son for derailing his presidential campaign. Biden noted immediately that grief has no timetable, … Continue reading

That train is never late….
nemo paradise

There’s a kerfuffle going on at Wesleyan University over an op-ed piece the student newspaper, The Argus, published recently, in which the author suggested that “Black Lives Matter” has advocated using violence against police. The response — a petition signed … Continue reading

nemo explains it all
nemo paradise

Tonight promises us the most significant political event in recent history, as a large field of candidates for the Republican nomination take the stage to engage in thoughtful and nuanced discussion of complex issues ranging from income inequality and student … Continue reading

The Honorable Gentleman
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How about this monument to the great god Idiot: “I mean, if there’s 10 people who have been accused, and under a reasonable likelihood standard maybe one or two did it, it seems better to get rid of all 10 … Continue reading

Where have you gone, Bill De Blasio…?
nemo paradise

What happened? The last time we heard from the mayor of New York City, he was loudly complaining about the bitch-slapping he had just received from his erstwhile “partner,” NY Governor Andy Cuomo — but that was ages ago. Rumors … Continue reading

We, The People
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There will be no more “tests” of “fitness.” There will be no more polite agreements on what can and cannot be said. There will be no more concessions to consensus, or correctness, or confused thinking. There will be unpleasant truths, … Continue reading

And now for something just heartbreakingly beautiful….
nemo paradise

Enough gloom. Herewith we present something miraculous. You may have heard it before, but not quite like this. http://m.sytecee.com/index.php?page=videos&section=view&vid_id=104312 Get well Quick, Bill. … Continue reading

All your balls are belong to us
nemo paradise

Ah, summer ebbs, and across the land campuses prepare to welcome students to an exciting new year of exploration and discovery, aspiration and achievement, and, in Madison, Wisconsin, tut-tutting and tsk-tsking. The Margaret Cuninggim Women’s Center of the University of … Continue reading

Farmer, meet golden goose
nemo paradise

I’d like to take advantage of the proprietor’s absence owing to his damaged state to introduce a rare sports story to this site, which shall be very, very brief. There are hundreds, if not thousands, if not hundreds of thousands … Continue reading

Rem Acu Tetigisti
nemo paradise

Today Ann Coulter (who may not be to everyone’s taste around here) posted a remarkably terse and spot-on instruction guide on how to write a NY Times Op-Ed piece. Here’s the money quote: The main point to keep in mind … Continue reading

Support your local police
nemo paradise

The lieutenant governor of Texas said attitudes toward police officers need to change, beginning with addressing cops as “sir and ma’am all of the time.” This from PJ Media, along with other helpful instructions issued by the august Lt. Gov, … Continue reading

The end of days?
nemo paradise

Ever since I was a tyke, my ears have rung with prophesies of doom issued by wrathful soothsayers, ranging from elder relatives despairing this or that sad state of affairs and clergy at various school chapels hurling promises of hellfire, … Continue reading